Silver Airways (Silver), the independent regional airline and the US launch operator of the ATR-600 series turboprop aircraft, has successfully implemented critical strategic objectives including raising $50 million of new capital through the placement of senior secured convertible notes to provide further support to Silver’s business plan and capital structure and further accelerates its growth. Silver Airways, owned by affiliates of investment firm Versa Capital Management (Versa Capital), operates regional passenger networks in Florida, the Bahamas, and the Caribbean, and provides regional cargo services with five ATR-500 aircraft operating out of Ft. Worth, Texas. Silver’s new financing was arranged by
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